Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.
New construction
$3,999,999
500 Alton Rd Unit 1601, Miami Beach, FL 33139
3beds
2,178sqft
Condominium
Built in 2025
-- sqft lot
$3,766,200 Zestimate®
$1,837/sqft
$5,298/mo HOA
What's special
- 143 days
- 99
- 5
Zillow last checked:
Listing updated:
Listed by:
Carlos Fernandez 786-514-3136,
Douglas Elliman
Source: MIAMI,MLS#: A12014864
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Washer, Water Softener Owned
Features
- Built-in Features, Closet Cabinetry, Kitchen Island, Walk-In Closet(s)
- Flooring: Tile
- Doors: High Impact Doors
- Windows: Complete Impact Glass, Blinds
Interior area
- Total structure area: 3,086
- Total interior livable area: 2,178 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Guest
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible
Features
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Ocean, Other
- Has water view: Yes
- Water view: Bay,Ocean
Details
- Parcel number: 0242040150090
- Other equipment: Other
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Doorman, Elevator Secure, Security Guard, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: Five Park
HOA
- Has HOA: Yes
- Amenities included: Bar, Bike Storage, Clubhouse-Clubroom, Fitness Center, Storage, Pool, Library, Other, Sauna, Spa/Hot Tub
- HOA fee: $5,298 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $1,837/sqft
- Tax assessed value: $2,954,805
- Annual tax amount: $54,652
- Date on market: 5/8/2026
- Listing terms: All Cash,Conventional
Estimated market value
$3,766,200
$3.58M - $3.95M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Listing removed | $24,500$11/sqft |
Source: Zillow Rentals #A12015259 Report a problem | ||
| 7/24/2026 | Listed for rent | $24,500$11/sqft |
Source: Zillow Rentals #A12015259 Report a problem | ||
| 7/14/2026 | Listing removed | $24,500$11/sqft |
Source: | ||
| 6/17/2026 | Price change | $24,500-10.9%$11/sqft |
Source: | ||
| 5/8/2026 | Listed for rent | $27,500$13/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $4,000,000$1,837/sqft |
Source: | ||
| 4/2/2026 | Price change | $4,000,000-5.9%$1,837/sqft |
Source: | ||
| 3/5/2026 | Price change | $4,250,000-2.9%$1,951/sqft |
Source: | ||
| 2/2/2026 | Price change | $4,375,000-4.9%$2,009/sqft |
Source: | ||
| 12/2/2025 | Listed for sale | $4,600,000$2,112/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $54,652 | $2,954,805 |
Find assessor info on the county website
Monthly payment
Est. payment








